Highest-materiality recent filing
Motorcar Parts extends CEO Selwyn Joffe's contract to 2029, raises salary to $984k
CEO Selwyn Joffe's employment term extended from July 1, 2027 to July 1, 2029.
Motorcar Parts Q4 net income $9.7M vs prior-year loss; guides FY2027 sales $780-800M
Q4 net sales up 9.9% to $212.3M; gross margin expanded to 23.7% from 19.9%.
Motorcar Parts Q3 revenue falls 10% on large customer cut; FY2026 outlook reduced
Net sales Q3 $167.7M, down from $186.2M YoY due to ~$17M decline from large customer store closures.
Director Patricia Warfield resigns from Motorcar Parts board, no disagreement cited
Patricia W. Warfield resigned from Board and Compensation Committee effective Jan 2, 2026.
Motorcar Parts of America director F. Jack Liebau, Jr. resigns; board size reduced to nine
Director F. Jack Liebau, Jr. resigned from the board and its Audit and Nominating committees, effective Nov 10, 2025.
Motorcar Parts of America Q2 sales up 6.4% to $221.5M, net loss narrows to ($0.11) per share
Net sales $221.5M (+6.4% YoY); gross profit record $42.7M (+3.5%); operating income $16.4M (+30.8%).
Motorcar Parts annual meeting elects directors, ratifies EY, approves say-on-pay
All 10 director nominees elected; Selwyn Joffe received highest votes (14.18M for), Barbara Whittaker lowest (11.80M for).
Motorcar Parts reports record Q1 sales $188.4M; raises FY2026 sales guidance to $800-820M
Net sales up 10.9% to $188.4M, a fiscal Q1 record; gross profit up 16.3% to $33.9M, also a Q1 record.
Motorcar Parts of America names Glenn Burlingame as General Counsel; Stone transitions to new role
Juliet Stone appointed Senior VP, Government Affairs and Special Projects, a newly created position.
Net sales for FY2025 up 5.5% to record $757.4M; gross profit up 16.1% to $153.8M (record).
Motorcar Parts posts record Q3 sales $186.2M, gross profit $44.9M, net income $2.3M
Net sales $186.2M (+8.3% YoY); gross profit $44.9M (+49.4%); net income $2.3M ($0.11 EPS), vs loss $47.2M ($2.40 loss) year ago.
Motorcar Parts of America reports Q2 record sales $208.2M, net loss widens to $3.0M
Net sales record $208.2M, up 5.9% YoY; gross profit record $41.3M (includes $2.7M onboarding costs).
All 10 director nominees elected; Selwyn Joffe received 12.6M votes, David Bryan 9.7M.
Motorcar Parts posts Q1 net loss $18.1M vs $1.4M loss prior year; sales up 6.4% to record $169.9M
Net loss $18.1M vs $1.4M loss a year ago; non-cash FX loss of $11.1M and $2.9M severance expenses.
Net sales $717.7M (+5.1% YoY); operating income $46.1M (+26.5% YoY).
Motorcar Parts of America to nominate Jack Liebau to board at 2024 annual meeting
Nominates F. Jack Liebau, Jr., with nearly 40 years of institutional investing experience, for election to board.
Net sales $171.9M (+13.2% YoY); gross margin 17.5% vs 13.8%; operating income $9.5M (+170.1%).
Motorcar Parts extends $238.62M revolver maturity to Dec 2028 with PNC Bank
Extended maturity of $238.62M revolver credit facility to December 2028, with enhancements providing working capital flexibility.
Motorcar Parts of America reports record Q2 sales $196.6M; net loss narrows to $2.0M
Net sales $196.6M, up 14.0% YoY; record gross profit $41.1M, up 55.2%.
Motorcar Parts of America reports annual meeting shareholder votes; all directors re-elected
All 10 director nominees elected; Selwyn Joffe received 12,581,118 shares for, 339,822 against.
Motorcar Parts posts Q1 net loss $1.4M; revenue down 2.6% YoY; reaffirms FY outlook
Net loss $1.4M ($0.07/share) vs $175K loss a year ago; interest expense rose $4.8M to $11.7M.
Motorcar Parts posts Q4 net income $1.5M; record sales $194.7M; guides FY24 sales $720-740M
Record Q4 sales $194.7M (+18.8% YoY); net income $1.5M ($0.07 EPS) vs year-ago loss $322k.
Issued $32M aggregate principal of 10% convertible notes due 2029; conversion price ~$15 per share.
Fiscal Q3 net sales $151.8M (-6.2% YoY); EPS $0.05 vs $0.16; revises FY2023 sales to $672-$680M
Net sales of $151.8M versus $161.8M prior year; net income $1.0M ($0.05 diluted EPS) versus $3.1M ($0.16).
Motorcar Parts of America Reports Q2 Fiscal 2023 Net Sales of $172.5M, Net Loss of $6.5M
Net sales for Q2 fiscal 2023 were $172.5 million, a 6.6% increase from $161.8 million in prior year (excluding $13.7M core revenue).
Motorcar Parts shareholders approve all proposals at 2022 annual meeting
All nine director nominees elected; Selwyn Joffe received 15,649,325 for, 1,759,900 against.
MPAA Q1 sales record $164M; net loss of $175K vs prior-year profit
Net sales rose 10% YoY to a fiscal Q1 record of $164.0M; gross profit up 28.6% to $30.3M.
Record net sales $650.3M, up 20.3% year-over-year from $540.8M.
Motorcar Parts Q3 net sales record $161.8M (+32% YoY); EPS drops to $0.16 from $0.44
Record net sales of $161.8M, up 32% YoY; net income $3.1M ($0.16 diluted EPS) vs $8.5M ($0.44) prior year.
Motorcar Parts appoints Patricia Warfield to board; board expands to 11 directors
Board expanded from 10 to 11 directors via bylaw amendment effective Jan 26, 2022.
Motorcar Parts of America reports record Q2 sales $175.5M; GAAP EPS $0.19 down from $0.78 YoY
Record Q2 net sales $175.5M (+13.5% YoY); six-month sales $324.6M (+29.8% YoY).
Shareholders elect all director nominees, ratify auditor, approve say-on-pay
All ten director nominees elected; Selwyn Joffe received 15.89M for, 1.46M against.
Motorcar Parts of America Q1 sales $149M (+56% YoY); net income $861k vs loss
Record first quarter sales of $149.0M, up 56.3% from $95.4M YoY; net income $861k ($0.04 diluted EPS) vs net loss $3.0M ($0.16).
On June 10, 2025, the Board of Directors of the Company appointed Glenn Burlingame (age 64) to succeed Ms. Stone as Vice President, General Counsel and Secretary of the Company.
On June 10, 2025, the Board of Directors of Motorcar Parts of America, Inc. (the “Company”) appointed Juliet Stone as Senior Vice President, Government Affairs and Special Projects.
the Board appointed Douglas Trussler to the Board, effective immediately
the Board appointed Patricia Warfield ("Warfield") as a new director of the Board.
Max materiality 0.80 · Median 0.70 · Most common event earnings